Arizona

The state of Arizona imposes many different taxes on its residents. These taxes include individual and corporate income tax, sales and use tax, and various other taxes, and are administered by the Department of Taxation and Finance.

The general state sales and use tax rate for Arizona is 5.6%. Some counties and municipalities may also impose a sales and use tax.

Individual income tax is reported on Form 140 and is due on April 15. If the due date falls on a weekend or holiday, taxpayers have until the next business day to mail the return. The tax rates are from 2.59% to 4.57%.

The Corporation Income Tax Return is Form 120, which is due on the 15th day of the fourth month after the corporation’s fiscal year ends.

Arizona does not have any inheritance or gift tax, or intangible personal property tax. Personal and real property is taxed, with local jurisdictions establishing the tax rates.

For additional information on Arizona taxes or to download forms, visit the Department of Taxation and Finance website at www.revenue.state.az.us.

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